agree ,but its $2m/annum contract. Its recurring revenue is circa $50m projected. not a huge win as only 4% increase on top line, and perhaps 10% on bottom line. P/E Ratio is over 160X trailing. so 10x increase in profits is factored in. is profits going to increase ten times? It wont for a long time and then there is competition down the track from likely other firms as the technology evolves.
Ann: PME signs $14M - 7 year contract with Duke Health, page-7
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